Investments

SHORT-SELLING

Hedge funds pile into Nikola short positions, as e-vehicle maker’s founder resigns amid fraud allegations

Hedge funds pile into Nikola short positions, as e-vehicle maker’s founder resigns amid fraud allegations

Hedge fund short sellers are circling Nikola Corporation, the electric vehicle and component manufacturer at the centre of fraud allegations, with the Nasdaq-listed firm’s share price tipped to tumble this week following executive chairman Trevor Milton’s sudden resignation on Sunday night (20 September).

MANAGER INSIGHTS

“A psychological placebo”: Why this hedge fund manager is betting against drug companies in the race for a Covid vaccine

“A psychological placebo”: Why this hedge fund manager is betting against drug companies in the race for a Covid vaccine

The frantic hunt for an effective vaccine against coronavirus could leave some pharmaceutical companies highly exposed in a fiercely competitive race – and UK hedge fund Argonaut Capital is weighing in with several key bets against the sector.

SHORT-SELLING

Tesla bears suffer biggest hit yet, as short bets bring USD9.5 billion of losses for hedge funds in August

Tesla bears suffer biggest hit yet, as short bets bring USD9.5 billion of losses for hedge funds in August

Hedge funds betting against Tesla have suffered their worst monthly hit yet, with negative wagers bringing a hefty USD9.5 billion of losses to short sellers in August – but recent turbulence in Elon Musk’s mega-cap electric carmaker this week may yet offer future hope for bearish investors.

GUEST ARTICLE

Hedge fund mid-year trends and strategies currently in demand

Hedge fund mid-year trends and strategies currently in demand

By Donald A Steinbrugge (pictured), CFA, Founder and CEO, Agecroft Partners – The hedge fund industry is dynamic, comprising numerous strategies that attract varying degrees of interest over time. Demand for each strategy is impacted by many variables including capital market valuations, expectations of economic growth, market liquidity and risk appetite among others.